Paychest Inc (PYCT)

[poopscooper]

Date: Saturday, May 24, 2008 10:36:04 AM

The shares outstanding are 19.85 billion and the authorized capital is 25 billion. There are no plans in the foreseeable future to raise the authorized capital. However, at a much higher market capitalization, it is possible a private placement may be done to further the business model. In the near term, insiders will finance the first $1,000,000 or more. Discussions are underway for debt financing (non-dilutive), purchase order and accounts receivable financing and lines of credit (all non dilutive).


Tom Hands
Paychest IR

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29554423

How many loaded up again after talking to Santa?